Marine Link
Tuesday, July 17, 2018

Wilhelmsen Asa News

Wilhelmsen Appoints Hole Business Director

Photo courtesy ClearLine Communications Ltd

Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio. Hole will drive the design, development and launch of new offers in line with the company’s strategy and identified market and customer needs, across its range of logistics services. This includes developing new services, with particular focus on more complex logistics projects to ensure that they respond to customers’ needs. In addition…

Wilh. Wilhelmsen Launches Next Generation Cargo Vessel

(Lysaker, 23 March 2011): The Wilh. Wilhelmsen group has launched its 150th anniversary vessel, MV Tønsberg, into operation. The Mark V class is the most sophisticated vessel ever built in the roll-on roll-off segment. “We expect that Mark V will strengthen our position as the global market leader within deep sea roll-on roll-off transport”, says Jan Eyvin Wang, president and CEO of Wilh. Wilhelmsen ASA, representing the owner of the vessel. “The Mark V class is the most sophisticated ro-ro vessels ever built, with major innovative design criteria such as high ramp capacity, deck strength and height, low fuel consumption, good transportation economy and safe cargo handling.

Nominees Announced For Three Nor-Shipping Awards

Rainer Sternfeld (top left), Christoffer Thorsheim (top right), Tor M. Østervold (bottom left), Styrk Bekkenes (bottom right)

Nor-Shipping announced the nominees for the 2013 Nor-Shipping Awards which recognize achievements in three different areas – energy efficiency, innovative ship design and young entrepreneurship. HRH Crown Prince Haakon of Norway will present the awards when they are announced at the Opening Conference on June 4. The Energy Efficiency Award (previously Clean Ship Award) pays tribute to the ship with the greatest contribution towards energy efficiency in relation to its function or operation.

Wallenius Wilhelmsen Wins Melbourne Bid

Car carrier: Photo Wallenius Wilhelmsen

Wallenius Wilhelmsen Logistics (WWL) says that its subsidiary MIRRAT has been announced as winner in its bid to operate automotive terminal 'Melbourne Australia'. Port of Melbourne Corporation (PoMC) have selected Melbourne International Ro-Ro Automotive Terminal (MIRRAT) for the development of the automotive and Roll-On Roll–Off (RoRo) terminal in Webb Dock West. WWL explains that a world class terminal for the Webb Dock West project will benefit Melbourne, and ultimately support stronger trade through the Port of Melbourne for the Automotive and RoRo industries.

KPI Project: A New Tool to Measure Performance

project to produce an industry wide performance measurement tool. The Project is set to be rolled-out to the worldwide shipping industry. Working with The Norwegian Research Council , Marintek, Wilhelmsen ASA and a range of Industry Stakeholders, InterManager has developed a global shipping industry standard for defining, measuring and reporting information on operational performance. The Shipping KPI Project proposes a global shipping industry standard for defining, measuring and reporting information on operational performance in order to boost performance improvements internally in companies engaged in ship operation activities and…

Wilhelmsen Holdings Felt the Draught in Q2 2013

Operating profit in the second quarter of 2013 was down compared with the second quarter of 2012 when the shipping industry was in less troubled circumstances. Operating profit for the second quarter totalled USD 106 million (USD 139 million) based on a total income of USD 903 million (USD 972 million). Compared with the previous quarter, the operating profit was up 37% while the revenue increased 4%. The figures were down 23% and 7% respectively, when comparing with a historically strong period in the shipping segment in the second quarter of 2012. “We have seen higher activity levels in our main business segments. The major driver is a 13% increase in volumes transported deep sea.

Nominations Open for SHIPPINGInsight Award

Nominations are now being accepted for the 2016 SHIPPINGInsight Award. The annual award will be presented at a gala luncheon on the opening day of the fifth SHIPPINGInsight Fleet Optimization Conference & Exhibition, Oct. 18, in Stamford, Conn. “The SHIPPINGInsight Award is given annually to a shipping company and its technology partners for the successful implementation of an innovative technology or initiative that advances the state-of-the-art in ship and fleet automation,” said SHIPPINGInsight co-director Jim Rhodes. The winners will receive a binnacled captain’s clock in a polished wooden case with an engraved plaque, along with a framed certificate. Entry forms may be downloaded at www.shippinginsight.com/awards-2.

WWH Q3 2013 Results Impacted by Weak Shipping Market

Photo courtesy of Wilhelmsen

Reduced volumes of high and heavy cargo and seasonally lower demand for maritime services negatively affected Wilh. Wilhelmsen Holding ASA (WWH) total income and result in the third quarter of 2013. Current activity level for group entities is expected to continue. Operating profit for the third quarter of 2013 was USD 96 million (USD 260 million) based on a total income of USD 873 million (USD 1 075 million). Income and results for the third quarter of 2012 were positively impacted by a USD 134 million sales gain related to Wilh. Wilhelmsen ASA’s downward sale of shares in Hyundai Glovis.

KPI Project Passes 1,000 Vessel Milestone

Captain Kuba Szymanski (Photo: KPI).

The Shipping Key Performance Indicator Project, initiated by InterManager but now administered by the independent KPI Association Ltd, has passed an important milestone: Performance statistics from more than 1,000 vessels are now being inputted into the project’s website – enabling the KPI system to produce informative and meaningful performance measurements for the industry. “This is excellent progress for the project and indicates a great deal of industry involvement and support,” said Captain Kuba Szymanski, on behalf of the KPI Association.

Multi-stream Scrubber for Wilhelmsen ASA Vessel

Wilhelmsen Carrier: Photo courtesy of Wilhelmsen ASA

Wärtsilä Hamworthy,  announce an agreement with Wilh. Wilhelmsen ASA, the global rolling cargo operator, to retrofit their vessel MV Tamesis with a Krystallon Exhaust Gas Cleaning System (EGCS). The systems will remove sulphur and particulates from the exhaust gasses of the vessel's main and auxiliary engines. The multi-stream scrubber system will be the world's largest in order to manage the exhaust gasses produced by the 38,486dwt Mark IV RoRo vessel's combined engine power of 28,000kW.

Wilh. Wilhelmsen Takes Stake in NorSea

Wilh. NSG is the leading supplier of base services and integrated logistics systems to the Norwegian oil and gas industry. Through its fully and partly owned entities NSG operates ten strategically located supply bases along the coast of Norway, including NorSea (Stavanger), Stordbase (Stord), Coast Center Base (Bergen), Vestbase (Kristiansund), Helgelandsbase (Sandnessjøen) and Polarbase (Hammerfest). “The investment follows our previously announced strategy aiming at exploring new opportunities within the  energy-, offshore- and maritime industry, supplementing the activities of Wilh. Wilhelmsen ASA and Wilhelmsen Maritimes Services AS (WMS),” says Thomas Wilhelmsen, group CEO.

Wilhelmsen CEO Fends off Margin Pressure

Logistics group Wilh. Wilhelmsen Holding and its listed shipping arm, Wilh. Wilhelmsen ASA, presented an update to their strategy on Thursday. "We are very much correlated to world trade. We are a bet on the world economy. "We do see margin pressure and commoditisation in some parts of our portfolio. I don't think that is anything new in any business but we must be vigilant and dedicated to continuously adapt to the changes. "We're seeing a margin pressure that needs a little bit more proactivity from our side than earlier. "If we look at the contribution from the last five years, more of half of the contribution is coming from non-shipping related business.

Wilhelmsen and Wallenius to Merge

Courtesy Wilhelmsen

Wilhelmsen and Wallenius have signed a letter of intent to establish a new ownership structure for their jointly owned investments. The new entity, Wallenius Wilhelmsen Logistics ASA, will form a more efficient management structure and enable further synergies between the joint ventures. “The markets in which the jointly owned entities operate are going through rapid change and require a more agile and efficient business model. In addition to establishing a common owner and governance structure…

Car Carrying Volumes Boost WWH Revenues in Q4 2013

Image courtesy of WWH

“Shipping volumes increased in the fourth quarter. As expected, car volumes improved more than high and heavy volumes," stated Thomas Wilhelmsen, group WWH CEO. Operating profit for the fourth quarter of 2013 was USD 82 million (USD 96 million) based on a total income of USD 893 million (USD 903 million). The operating profit for the quarter was negatively impacted by an accrual related to a draft cease and desist order which the partly owned Wilh. Wilhelmsen ASA (WWASA) company Wallenius Wilhelmsen Logistics (WWL) received in January 2014 (WWASA’s accrued share is USD 16.5 million).

Wilh. Wilhelmsen sees extended Weak RO/RO Market

A Wallenius Line RO RO vessel (Wilh. Wilhelmsen)

Car and truck shipper Wilh. * Due to weak and rapid change in the market WWASA has decided to merge its companies with Wallenius, announced on September 5.

Wallenius Wilhelmsen Logistics: No Change in Long Term Ownership Structure

* The Norwegian Wilhelmsen family sees no change in the planned ownership structure in Wilh. * The current plan is that Wilh. * "I don't think their plan is to sell shares (from the planned 40 percent). There has been no indication on that. We both have good long term systems and we want to the see the effects of this in the merger and to improve the constellation", chief executive officer Thomas Wilhelmsen in Wilh.

Fair Competition Authorites Quiz WWH

Wilh. Wilhelmsen Holding shipping segment under investigation by competition authorities. Wilh. "In addition, Wilh. Wilhelmsen ASA's (owned 72.7% by WWH) partly owned companies Wallenius Wilhelmsen Logistics and EUKOR Car Carriers have been visited by Japanese authorities as part of an investigation related to the Japan Anti Monopoly Act. Further, WWL has received requests for information from the EU Commission and both WWL and EUKOR have received requests for information from federal US authorities and the Competition Bureau Canada. The purpose of these requests is to ascertain whether  
there is evidence of any infringement of competition law related to possible price cooperation between carriers and allocation of customers.

Wilh. Wilhelmsen, Callenberg Win SHIPPINGInsight Award

Wilh. Wilhelmsen ASA and Callenberg Technology Group were presented the 2015 SHIPPINGInsight Award was today at the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition in Stamford, Conn. The annual award honors a shipping company and its technology partners for the implementation of an innovative technology or initiative that advanced the state-of-the-art in fleet optimization. Callenberg developed an innovative engine room energy management technology solution for Wilh. Wilhelmsen that reduced wasted energy through capacity-driven control and management of engine room ventilation systems. The Callenberg technology alters the ventilation and combustion air supply to meet the demand of fresh air to the engine room.

Several Car Shippers Face Fines for Rigging Bids

(File photo: WWL)

EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of the matter. The EU sanctions follow a near six-year investigation which started with dawn raids by the European Commission in September 2012 in coordination with Japanese and U.S. antitrust authorities. Competition regulators around…

Wilh.Willhelmsen Holdings Report 2013 Profit Slide

Image courtesy of WWH

The Directors' report 2013 (extracted here) states that shipowners & technical services firm Wilh. Wilhelmsen Holding group (WWH) delivered lower results for 2013 when compared with a very strong 2012. The fallback in results was due to a 7% reduction in shipping volumes and substantial sales gains impacting previous year accounts. The accounts show that operating profit slipped from $562-million in 2012 to $325-million in 2013. Wilh. Experienced lower demand for transportation of high and heavy cargoes, while auto volumes for the year were stable.

WWH Increases Stake in NorSea Group

Image courtesy of NSG/WWH

Wilh. Wilhelmsen Holding Invest AS (WWHI), a fully owned subsidiary of Wilh. Wilhelmsen Holding ASA (WWH), informs it hs raised its shareholding in NorSea Group AS (NSG) from 35.4% to 40%. The share increase follows a share issue in the company whereby NSG buys Danbor AS from A.P. Møller Mærsk AS. “Increasing our shareholding in NSG is a natural part of our strategic ambition to broaden our exposure in the energy, offshore and maritime industry, supplementing activities Wilh. Wilhelmsen ASA and Wilhelmsen Maritimes Services,” says Nils P Dyvik, group CFO in WWH.

Secure VGP Compliance with New Verification Service

DNV GL carried out a pilot project for the VGP verification service with Wilh. Wilhelmsen on their ro-ro vessel, the MV Tarago.

Recent updates to the US Vessel General Permit (VGP) have brought new technical and reporting requirements for vessels operating in US waters, including the need for the preparation of a detailed annual report. DNV GL’s newly introduced VGP verification service helps to ensure compliance by providing a comprehensive review of both VGP procedures and documentation. The VGP verification service consists of a review of company-wide VGP procedures, if they exist, which are usually based on VGP or environmental best practice documentation.

Wilhelmsen, Wallenius One Step Closer to Merger

Thomas Wilhelmsen, group CEO Photo Wilhelmsen

Wilhelmsen and Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off Carrier. Signing the transaction agreement is an important milestone in the merger as announced in September,” says Jan Eyvin Wang, president and CEO of Wilh. Wilhelmsen ASA. “The final go ahead is pending approval from competition authorities and the respective entities’ shareholders.” Wilh.

Maritime Reporter Magazine Cover Jul 2018 - Marine Communications Edition

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